Uranium Royalty Corp (NASDAQ:UROY) price closed higher on Monday, March 17, and jumping 4.44% above its previous close.
A look at the daily price movement shows that the last close reads $1.80, with intraday deals fluctuated between $1.81 and $1.89. The company’s 5Y monthly beta was ticking 1.633 while its P/E ratio in the trailing 12-month period read 229.27. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.12 and 52-week low of $1.57. The stock subtracted -19.14% on its value in the past month.
Uranium Royalty Corp, which has a market valuation of $251.24 million, is expected to release its quarterly earnings report in April.
On average, analysts have forecast the company’s revenue for the quarter will hit 13.1M, with the likely lows of 13.1M and highs of 13.1M. Staying with the analyst view, there is a consensus estimate of 24.34M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow -42.99% below that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give UROY a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 27.52. The overview shows that UROY’s price is at present -2.22% off the SMA20 and -14.43% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.64, with weekly volatility standing at 4.90%. The indicator jumps to 6.45% when calculated based on the past 30 days. Uranium Royalty Corp (NASDAQ:UROY)’s beta value is holding at 1.48, while the average true range (ATR) indicator is currently reading 0.12.
An analysis of the Uranium Royalty Corp (NASDAQ:UROY) stock in terms of its daily trading volume indicates that the 3-month average is 2.40 million. However, this figure increases on the past 10-day timeline to an average of 2.82 million.
Current records show that the company has 133.59M in outstanding shares. The insiders’ percentage holdings are 15.76% of outstanding shares while the percentage share held by institutions stands at 18.50%. The stats also highlight that short interest as of 2025-02-28, stood at 14.0 million shares, which puts the short ratio at the time at 7.18. Notably, we see that shares short in February rose slightly given the previous month’s figure stood at 13.33 million. But the -14.16% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
